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South Plains Financial Inc - SPFI STOCK NEWS

Welcome to our dedicated news page for South Plains Financial (Ticker: SPFI), a resource for investors and traders seeking the latest updates and insights on South Plains Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect South Plains Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of South Plains Financial's position in the market.

Rhea-AI Summary
South Plains Financial, Inc. (NASDAQ:SPFI) has announced an 8% increase to its quarterly cash dividend, raising it to $0.14 per share of common stock. The dividend will be payable on May 13, 2024, to shareholders of record as of April 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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dividends
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Rhea-AI Summary
South Plains Financial, Inc. (NASDAQ:SPFI) will release its first quarter 2024 financial results on April 25, 2024, followed by a conference call and webcast to discuss the results. Investors can access the webcast on the company's website and a replay will be available for a time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
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Rhea-AI Summary
South Plains Financial, Inc. (NASDAQ:SPFI) released its 2023 Community Impact Report, showcasing its commitment to environmental, social, and governance initiatives. The report highlights the company's efforts in promoting diversity, supporting small businesses, and engaging in community development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
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none
Rhea-AI Summary
South Plains Financial, Inc. (SPFI) announced a $10.0 million stock repurchase program for its common stock, aiming to buy back shares trading below intrinsic value. The program will run until February 21, 2025, or until the allocated funds are used up. Curtis Griffith, the Chairman and CEO, expressed optimism about the company's performance and growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
buyback
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Rhea-AI Summary
South Plains Financial, Inc. (NASDAQ:SPFI) reported its financial results for Q4 2023 and full year 2023. Net income for Q4 2023 was $10.3 million, with diluted earnings per share at $0.61. Total assets were $4.20 billion at December 31, 2023. Loans held for investment grew by 9.7% during 2023. The Bank’s wholly-owned subsidiary, Windmark Insurance Agency, Inc., was sold in Q2 2023 for $36.1 million, resulting in a gain of $22.9 million. South Plains also completed the sale of Windmark for a pre-tax gain of $33.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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Rhea-AI Summary
South Plains Financial, Inc. (NASDAQ:SPFI) has declared a quarterly cash dividend of $0.13 per share of common stock, payable on February 12, 2024. This announcement reflects the company's commitment to returning value to its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
dividends
Rhea-AI Summary
South Plains Financial, Inc. (SPFI) announced the release of its fourth quarter and full year 2023 financial results on January 26, 2024. The Company will host a conference call and webcast to discuss the results, with a live audio webcast available on the Company’s website. A replay of the conference call will also be accessible through the Company’s website and by phone until February 9, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Rhea-AI Summary
South Plains Financial, Inc. reports Q3 2023 financial results, with net income of $13.5 million and diluted earnings per share of $0.78. Deposits grew by $46.1 million, while loans held for investment increased by $14.5 million. Net interest income was $35.7 million, and noninterest income was $12.3 million. Noninterest expense was $31.5 million. Capital ratios exceeded regulatory levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
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Rhea-AI Summary
South Plains Financial declares quarterly cash dividend of $0.13 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.09%
Tags
dividends
Rhea-AI Summary
South Plains Financial, Inc. to release Q3 2023 financial results on October 24, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.09%
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South Plains Financial Inc

Nasdaq:SPFI

SPFI Rankings

SPFI Stock Data

405.24M
11.74M
29.02%
31.74%
0.32%
Commercial Banking
Finance and Insurance
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US
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